Description

KidBank™ tracks kids’ money, allowance, jobs, charity, and pays interest for saving. KidsBank™ teaches children the value of saving and responsible spending, by doing. Keep track of your children's money, empower them to do simple jobs for extra money, and track their spending in this virtual bank account app. KidsBank™ is a great way to track birthday money, allowance, and spending. A simple, clean user interface provides a fun and easy money management tool with an ATM styled interface.
Take the app shopping, and when your child asks, “Can I buy that?”, you can offer them the opportunity to make a decision to buy with their own money. Check balances on the Apple Watch. Easily and quickly record the transaction in KidsBank™. When children spend their own money, it is amazing how responsible they become in making good choices. Add special vacation spending money to their account and track their souvenir spending. Children learn to take pride in their work and complete simple recurring jobs beyond the chores you expect them to do as a family member. Reward them for doing age appropriate jobs of your choice such as cutting the grass, doing the dishes, or taking out the trash. Print a KidsBank™ Fridge Sheet and post it on the refrigerator and your children can check off completed jobs and record deposits and withdrawals.
FEATURES
• create an account for each child
• virtual spending and savings accounts
• save for charity
• credits interest each Sunday
• automatically credits weekly allowance
• track deposits and withdrawals
• create jobs and reward kids for their work
• email and print Fridge Sheet or Account Statement
• automatically syncs data across multiple devices in the same iCloud account (Family sharing is not supported for sync)
• View account balances on Apple Watch
BENEFITS
• rewards saving
• encourages development of a good work ethic
• teaches the importance of compound interest
• empowers kids
• easy tool for parents on the go
• fun and easy to use

Screenshots

Reviews

The solution to managing chores and allowance

5

By Hockey girl age 9

We tried many different ways to offer chores to our kids as a way to earn and manage money. It was always hard to track and manage, however. And when the kids were younger, we worried they would lose or misplace their cash. This app allows us to creat a list of chores, rate of pay and keep everything in order. Our kids don’t use this money for daily spending but they do chores to cover monthly expenses on their phones and so we deduct that expense form their accounts each month. We haven’t used the giving feature as much as we would like but this is a fabulous tool!

Great in some ways...

4

By Thee1110

This app does a great job keeping track of allowance, spending and savings. If I have my phone with me, I can tell the kids whether or not they can afford a purchase. My kids also love that saving with me yields a higher rate than they can get with the banks! Sadly, I have imaginary unnamed extra kid accounts that accidentally were added, and there is no obvious way to delete. It would be helpful to have an option for this in a future edition.

Works well

5

By joekool, phd

Works well

Fantastic app

5

By MVdD191018

I have used this app for years and years. 7 years, I think. My kids are now 13 and 15. We still love it.

Paperless solution to handling kids' money

3

By redactrice

I was tired of IOUs while shopping, guessing whether they had enough money for purchases, and frankly, I never remember to pay them in the first place. This app is exactly what I was looking for and works perfectly at solving those problems. Allowance is automatically credited once per week and split into spend/save/charity. The ATM lets us check balanced immediately and, if they have enough money, record withdrawals right in the store. We created jobs for special projects like cleaning the garage. We love this app!
However, on TWO occasions all of our data was wiped out following an app update. This is a known issue because later I discovered a warning was posted on their Facebook page, but I don't follow apps on FB. It would be nice to have statements emailed automatically once per month as a backup for when this happens again.

It was great... While it worked

1

By FloridaMom

I used this app for about 2 years, then one day it stopped working. Some weeks it made duplicate entries. Some weeks it said it was adding $, but didn't. Very frustrating to have to download the transactions and sift thru them in Excel. That's why I got the app in the first place.

Data Loss

1

By Yapester

Just lost all data from before 01 Nov 2015......we have been using this app since 2012. Hope this is just a glitch!!!!

Lost data AGAIN!

1

By Gin Zip

Ugh! Automatic update apparently just wiped out all my data AGAIN! This is the second time. And I've just wasted about an hour trying to get it back. Totally frustrated and ready to delete this and find another app.

Really Frustrating When the Data takes a long time to load

2

By Finance Guy

Fix it so that new versions will load the data quicker or at least show you it is making progress.

Lost all data

2

By Swille13

I loved Kidsbank and used it for my children's banking until it all disappeared when the phone upgraded. We lost all the bank balances and I had trusted it, so I did not write the balances down anywhere. Any hope of getting the data back???

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